SIE Practice Exam

Welcome to SIE Practice Exam, a free website that is focused on helping you prepare for your Securities Industry Essentials Exam. We offer an online study guide and four practice exams that are fully updated for 2022. Choose a practice exam from the list below and get started on your SIE test prep right now!

SIE Study Guide

SIE Practice Exam 1

SIE Practice Exam 2

SIE Practice Exam 3

SIE Practice Exam 4

 

More Resources

If you are looking to do additional test prep, we recommend Achievable SIE Exam Prep. This course includes an online textbook and over 2,000 practice questions. This is the easiest and most effective way to study for the SIE!

Achievable SIE Prep

 

SIE Exam

The SIE, or Securities Industry Essentials Exam, is an exam created by FINRA to test the abilities of prospective securities industry professionals. This entry-level exam is made up of 75 multiple-choice questions, takes 1 hour and 45 minutes to complete, and costs $60 to take.

Anyone 18 years and older, regardless of firm association or lack thereof, can take the SIE. The exam results are valid for 4 years, and passing is one of the two key steps in becoming registered to engage in securities business; you will also need to pass a qualification exam for the business you plan to engage in.

The SIE is consists of the following sections:

  1. Knowledge of Capital Markets — 16% of the exam
  2. Understanding Products and Their Risks — 44% of the exam
  3. Understanding Trading, Customer Accounts, and Prohibited Activities — 31% of the exam
  4. Overview of Regulatory Framework — 9% of the exam.

To earn the passing score of 70, you need a lot of studying and preparation under your belt. Get started with your test prep right now with our free practice exams!

For more information about the test, please visit our SIE FAQ.